Cantor Gaming to Accept Any Sized Wagers on the Big Game
Las Vegas, 4 February, 2011 – Cantor Gaming, an affiliate of global financial services firm Cantor Fitzgerald, L.P., announces the opening today of its newest race and sports book at the Tropicana Las Vegas. Cantor Gaming is the exclusive operator of the new 4,200 square ft, stateof-the-art race and sports book. With the addition of Tropicana Las Vegas, Cantor Gaming now operates four race and sports books in Nevada.
Cantor’s approach to sports wagering is to replicate the Wall Street model, in which patrons can place numerous bets on different outcomes throughout a game. In the same way that prices in the financial markets are constantly updated, Cantor’s lines and spreads change continuously as the action evolves.
Wagering takes place on fixed trading stations within the sports book, or on Cantor’s proprietary mobile gaming devices.
Lee Amaitis, President and CEO of Cantor Gaming, said: “We have an unparalleled database of statistics on team and player performances, and a technology platform that is accustomed to processing over $140 trillion in financial transactions every year. Our deep knowledge of algorithms and statistics enables us to manage risk across our books in such a way that we can and will take any sized bet, including on the Big Game this coming weekend. We’ve made sports wagering completely interactive – it’s no longer a passive, wait-and-see game.”
“We are extremely pleased with our partnership with Cantor Gaming to present a state-of-the-art Race and Sports Book as part of our overall transformation of Tropicana Las Vegas. We believe this partnership will not only bring a superior contribution to the Las Vegas Strip, but will also add another ‘Best in Class’ venue at Tropicana Las Vegas as we redefine the ultimate resort experience,” said Tom McCartney, President and C.O.O of Tropicana Las Vegas.
Cantor will also offer its eDeck mobile gaming devices at Tropicana Las Vegas, to be launched in the coming weeks. eDeck will allow patrons to wager on their favorite team outside of the sports book, in pre-designated areas of the resort and will offer numerous casino-style games, developed exclusively by Cantor Gaming.
About Cantor Gaming
Cantor Gaming is an affiliate and gaming licensee of global financial services firm Cantor Fitzgerald L.P., which has over 65 years of experience and unparalleled expertise of highly secure real-time, global financial transaction processing, management, and execution. Cantor and its affiliates process over $140 trillion of financial transaction securely every year over its proprietary technology platform.
Cantor Gaming is the first company licensed to manufacture, distribute, and operate a mobile gaming system by the state of Nevada and remains the world leader. Cantor Gaming was also the first company to introduce In-Running™wagering to Las Vegas, enabling wagering on live sporting events throughout the event. Cantor Gaming is the exclusive provider of mobile gaming and In-Running™ wagering solutions to the Las Vegas Sands Corp. and is the exclusive race and sports book operator at the M Resort Spa Casino, the Hard Rock Hotel & Casino, the Tropicana Las Vegas and the Cosmopolitan of Las Vegas.
Cantor Gaming also offers mobile solutions to the gaming industry through its proprietary mobile gaming device, eDeck™ (known as Pocketcasino at the Las Vegas Sands’ Venetian and Palazzo), which offers casino customers the ability to play innovative casino games developed by Cantor Gaming including XtraOdds™ Baccarat and XtraOdds™ Blackjack, as well as new and exciting progressive jackpot games within designated areas of the casino property, away from the casino floor.
For more information, please visit: www.cantorgaming.com
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About Tropicana Las Vegas | http://www.troplv.com
Tropicana Las Vegas is redefining the expectations of today’s global travelers with a major transformation scheduled for completion in the spring of 2011. The South Beach inspired changes to the resort include a fresh redesign of every hotel room and suite, the casino, the conference center and exhibition hall, the transformation of the legendary four-acre pool area into Nikki Beach Club and Club Nikki, several new restaurants, bars, a new poker room, a new race and sports book, and a new spa and fitness center. The look and feel of the new Tropicana Las Vegas is vibrant and exciting, filled with the sultry rhythm of a hot Havana night. Tropicana Las Vegas is not affiliated with any other property or brand.
For additional information on events, amenities, or availability call 702-739-2222 or visit www.troplv.com. Stay up-to-date on the latest Tropicana Las Vegas happenings by finding us on Facebook (http://facebook.com/troplv) or follow us on Twitter (http://twitter.com/troplv).